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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (2592)	10/9/2001 2:40:51 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

Yup, Kaplan and "a few" here made the correct ST gold call Several times in fact.<g> From last Friday: Message 16462644 More recently: Message 16470421 People, the Key is.... NOT to look at just one indicator !! Yes. Each weeks gold COTs give us a piece of the puzzle. But the multi-week TREND of COTs is IMO even more important vs focusing too heavily on just the most recent week. Next keep a close daily watch on gold lease rates - which BTW folks are down AGAIN today. kitco.com And, for those of you who have been watching them. What's been the lease rate TREND in recent weeks? Correctamente!<g> D-O-W-N. Last October, I got stopped out of 2 gold stock trading positions with sizable enough losses to go back to the drawing board and review the tools I was using. Concluded that TA wasn't helping me. In fact, during the past year, noticed one of the best know TA services was fairly frequent false signals, and being wipsawed pretty good on occassion. That cinched it for moi. But the March April lows, I'd made enough dry runs to select a new set of forecasting tools. As I've laid out in some of my longer conceptual posts the objective has been to expand fundamental analysis to include supply and demand measures not previously used by investor and traders. The results have been excellent. In fact, have found them to perform much better than the chart based oscillators common used in technical analysis that I'd been relying upon until last October. Trends in COTs and lease rates as well as the Direct Accumulation profile are PART of this expanion of fundamental analysis. From time to time I'll post other tools as the spirit moves me<g> Best regards to all in this very tricky market. Isopatch

To: Crimson Ghost who wrote (2592)	10/9/2001 4:34:17 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 36161

George, last May, I believe I suggested that in lieu of playing gold, one would be better off playing a hedge long Platinum (then at $612) and short Palladium (then at $642)(#reply-15826754) . While that hedge, here after less than five months is paying handsomely (Pt now at $427 and Pd at $339), and may still be left on, right now might be a very good point to close it. By the way, for the same post less than five months ago, $295 is still standing proud as an invincible barrier for Gold. Your response t me that before the end of th year gold would be headed much higher, not much left in this year for that to happen, and if September 11 and its repercussions could not breach $295, what will? Zeev